![]() |
||||
|
Salvage checking A salvage title is an automobile title with a
notation. The notation includes information that the vehicle has
been damaged in excess of approximately 75% of its previous market
value. It is applied to a title when an insurance company pays a
total-loss claim on a vehicle. Then it allows the owner to
keep in possession or buy back the
vehicle at its post-damage market value. This value is often
insignificantly low. It is possible a vehicle to be still safely
drivable even if it is technically considered a total loss by an
insurance company. These are often the cases with older vehicles
where even minor cosmetic damage would cost more to fix than the
vehicle's whole market value. The following is a list of motor vehicles that have
been subjected to destructive testing, When these vehicles
are no longer needed for evaluation purposes, they are made
available for sale to the public by the General Services
Administration. Because of the nature of the destructive testing,
each of these vehicles is sold for "salvage" only, with the transfer
document bearing the restriction that the vehicle is not to be
titled for use on the road.
|
||||